Higher education bonds

S&P Global Ratings raised the state flagship university's rating to AA-minus from A-plus.

Enrollment and inflation-adjusted net tuition trends are negative.

The $200 million bond deal prices next week. The Jesuit school absorbed the nearby University of the Sciences earlier this year.

The state school in Ypsilanti is responding to declining enrollment with a student housing makeover financed through a public-private partnership.

Corporate CUSIPs can reach a different, broader set of investors than even taxable munis and offer more issuing flexibility for well-known universities.

There is chatter about a restructuring of UPR bonds, which have been paid throughout the territory's bankruptcy; the university's accreditation is a factor.

Between them, the California State University trustees and University of California regents have sold more than $23 billion of bonds since 2017.

Cybercrime, inflation and more severe storms are among the increased risk factors confronting colleges and universities in the Southeast.

MSU must find a new president after friction between board members and the president hired in the wake of the Larry Nassar scandals led to his resignation.

Texas university lands in the Permian Basin, which face a potential EPA crackdown, generated $2.124 billion for the Permanent University Fund in fiscal 2022.

A Rhode Island GO deal pricing next week includes $100 million for public schools; a measure on the ballot in November would authorize $250 million more.

Fitch is bulking up its public finance group with the addition of six municipal bond analysts for its offices in San Francisco, New York and Austin.

Following the Supreme Court ruling in Carson v. Makin, states with bans on using bond proceeds for religious purposes may be forced to amend such laws.

Moody's downgraded the university and its housing and parking borrowing arm ahead of a bond sale to support the school's goal of increasing on-campus housing.

The Cleveland-based university's 100-year taxable bond landed at a 5.4% interest rate.

Last year the university's investment portfolio grew by 47%, a factor contributing to the university's triple-A ratings.

The Regional Transportation Authority, Chicago Transit Authority and many state universities have drawn positive rating actions as the state's ratings improved.

Moody's upgraded five Illinois public universities after lifting the state government's rating, lifting one to investment grade and putting three others closer.

The Fitch Ratings upgrade to A-plus applies to $80 million in debt issued for the University of Portland in Oregon.

The university will decide on a final structure for a $500 million sale that could go as long as 100 years at the time of pricing, which is expected next week.